RFID

1. Here's an old thing in a new bottle...i mean old wine with a new meaning altogether.Radio-frequency identification (RFID) as would anyone know is an automatic identification method, relying on storing and remotely retrieving data using devices called RFID tags or transponders.

2. This is not a new invention ..but the usage certainly has made it something like new.The vast usage of RFID 2day includes a big scope from controlling inventory to controlling limited access to vehs and pers to new generation security systems.

3. Big guns of the manufacturing industries across the globe have already exploited the usage of this technology and now the technology is gradually making way in the Indian industry in the form of Daphene systems,ESSL to name a few that come to my mind instantly.

4. The good thing is that even as the technology is introduced to the consumer for the first time,it comes cheap...and i mean dirt cheap.Imagine controlling an inventory of a lakh plus item at just under 25K...ie less then 25 paise per item and now body would ignore at such a low cost in bulk for the benefit of organisation.This would not only maintain the inventory but would also avoid any theft being carried out in some body's pocket....so this is just the beginning of another technology revoloution...all u guys who keep looking for some technical buzz word...keep a track of this.....